bobwff33
Short

Multiple reasons suggested the AMAZON is in a head zone

NASDAQ:AMZN   AMAZON.COM INC
30 0 2
1.Long time AB=CD (,A is 34.68 ,2008-11-10,B is 406.89,2014-1-6) at 656.9
2.Smaller 1.618 ab=cd (a is 166.97,2011-12-26) at 672.57
3.1.27 extension in 2015 at 660.77
4. RSI divergence

Comment:
snapshot

we can also draw the same conclusion from the daily chart,which suggested the 1.618 extention at 660.64 is an extreme price level
Comment:
snapshot

the time Fibo 2.414 extention also point the present day would be a changing of pace
Comment:
snapshot
Comment: Trade active at 674,SL:684,aim :400
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